Training Catalog: Course Description

This 13-minuteRecorded Web Conference provides an overview of how to use the Cumulative Variance Log to record and resolve your cumulative P&I custodial account variances.

This series of web conferences is designed to provide you with the information needed to effectively establish, maintain and reconcile Freddie Mac Principal and Interest (P&I) and Escrow custodial accounts. You may decide to participate in one or all of the following sessions, depending on your business needs.

• 1. Custodial Accts: Establishing Custodial Accounts
• 2. Custodial Accts: Reconcile Escrow Custodial Accts
• 3. Custodial Accts: Investor Accounting Overview
• 4. Custodial Accts: P&I Reconciliation/Form 59
• 5. Custodial Accts: Cash Disbursement Variances
• 6. Custodial Accts: Calculate Cash Receipts Variances
• 7. Custodial Accts: Identify Cash Receipts Variances
• 8. Custodial Accts: Cumulative Variances

• You must be an approved Freddie Mac Servicer to participate in this web conference.
• An Internet connection with a minimum connection speed of 28.8 kbps is needed to view this training session.
• You may wish to print and refer to the following course materials during the session: Course Materials

Participants should have a basic understanding of Freddie Mac's Investor Reporting and Remitting requirements, or attend the following workshops:

• Investor Reporting - Beginner
• Investor Reporting - Advanced

Learn to use the Cumulative Variance Log to track your P&I custodial account variances.

• Overview of the Cumulative Variance Log
• Documentation needed to complete the Cumulative Variance Log
• Resolving Cumulative Variances